Urban One Balance Sheet Health
Financial Health criteria checks 2/6
Urban One has a total shareholder equity of $248.4M and total debt of $607.9M, which brings its debt-to-equity ratio to 244.7%. Its total assets and total liabilities are $1.0B and $771.2M respectively. Urban One's EBIT is $74.3M making its interest coverage ratio 1.6. It has cash and short-term investments of $131.9M.
Key information
244.7%
Debt to equity ratio
US$607.87m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$131.89m |
| Equity | US$248.45m |
| Total liabilities | US$771.18m |
| Total assets | US$1.02b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UA1's short term assets ($308.7M) exceed its short term liabilities ($111.6M).
Long Term Liabilities: UA1's short term assets ($308.7M) do not cover its long term liabilities ($659.5M).
Debt to Equity History and Analysis
Debt Level: UA1's net debt to equity ratio (191.6%) is considered high.
Reducing Debt: UA1's debt to equity ratio has reduced from 465% to 244.7% over the past 5 years.
Debt Coverage: UA1's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: UA1's interest payments on its debt are not well covered by EBIT (1.6x coverage).